The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInterserve Share News (IRV)

  • There is currently no data for IRV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Interserve secures £25m Eastleigh leisure centre deal

Wed, 18th May 2016 08:58

(ShareCast News) - Support services and construction group Interserve announced a new contract win on Wednesday, having secured a £25m deal to build one of the biggest leisure centres in the south of England.The FTSE 250 firm said the Fleming Park Leisure Centre in Eastleigh, which is being designed and built by Interserve in collaboration with AHR Architects for Eastleigh Borough Council, is next to an existing leisure facility which will remain in full use during the 85-week construction programme.Work has already started on the project, which will see the old leisure centre demolished once the new building is complete and handed over.Interserve said the new centre will contain larger facilities than the old one, including a sports hall with room for 15 badminton courts; an eight-lane, 25-metre swimming pool; a learning pool with adjustable floor depth; three multi-purpose studios and a group spinning studio.It will also have a crèche and a large soft-play area including party rooms, the company confirmed."We are looking forward to delivering a modern and sustainable new leisure centre that will be a focal point for the local community, improving the health and well-being of residents for many generations to come," said Interserve UK operations director for regional building Richard Ellis."As part of the project we will be creating local jobs and using many members of our trusted local supply chain," he added.Leader of the Eastleigh Borough Council, Councillor Keith House, said Interserve showed an understanding of the project and was bringing with it a depth of experience in building leisure centres."Interserve has a very good knowledge of, and relationship with, the local supply chain and is keen to work with us to ensure the new building achieves economic benefits locally."Interserve also wishes to work with us on recycling the old centre and believes it could recycle around 95 per cent of it," Councillor House explained.The building will be constructed with a steel frame and pre-stressed concrete floors, while the pool will be made with reinforced concrete.Externally, it will be clad in brickwork, aluminium and zinc rainscreen, Interserve said.
More News
5 Mar 2019 13:27

Interserve Refuses To Halt Deleveraging Plan After Coltrane's Request

LONDON (Alliance News) - Interserve PLC on Tuesday said a proposal received from Coltrane Asset Management LP would require it to immediately halt the implementation of its previously announced it

Read more
4 Mar 2019 18:19

Interserve Considers Updated Proposal From Coltrane Asset Management

LONDON (Alliance News) - Interserve PLC on Monday said it is considering an updated proposal from Coltrane Asset Management LP.Shares in Interserve closed down 11% at 15.80 pence on the of

Read more
27 Feb 2019 10:46

WINNERS & LOSERS SUMMARY: Ocado And M&S Top And Tail FTSE 100 After JV

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Rio up a

Read more
27 Feb 2019 10:10

Interserve Loss Narrows On Costs Cut, Seeks Deleveraging Plan Approval

LONDON (Alliance News) - Interserve PLC on Wednesday said cost reductions under its Fit for Growth restructuring plan helped to narrow its loss in 2018, and urged shareholders to vote in favour of

Read more
27 Feb 2019 09:33

Interserve seeks to win over investors with new rescue deal

(Sharecast News) - Interserve, the troubled government contractor, has updated its proposed rescue package as it looks to win over investors and stave-off a Carillion-style collapse.

Read more
22 Feb 2019 16:20

Interserve receives mystery 'proposal' from Coltrane

(Sharecast News) - Interserve said it has received and is considering an "outline proposal" from major shareholder Coltrane Asset Management.

Read more
22 Feb 2019 16:14

Interserve Remains Committed To Achieve Deleveraging Plan

LONDON (Alliance News) - Interserve PLC on Friday said it remains committed to achieving a consensual deleveraging plan as it received an outline proposal from Coltrane Asset Management.The

Read more
15 Feb 2019 09:54

PRESS: Interserve's Shareholder Deadlock Could Result In Liquidation

LONDON (Alliance News) - Interserve PLC's spat with its biggest shareholder over a debt-for-equity swap with lenders could potentially force the outsourcing company into liquidation, the a to

Read more
12 Feb 2019 09:31

Interserve Executive Director Steps Down Amid Shareholder Coup

LONDON (Alliance News) - Interserve PLC said on Tuesday that Executive Director Dougie Sutherland will be leaving the company's board with immediate effect, and then Interserve itself on is of

Read more
6 Feb 2019 10:39

WINNERS & LOSERS SUMMARY: Ocado Expects Hit To Sales Growth After Fire

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Barratt

Read more
6 Feb 2019 08:42

LONDON MARKET OPEN: Barratt Shareholders Gain, Interserve's Wiped Out

LONDON (Alliance News) - London stocks got off to a slow start on Wednesday, taking a pause after Tuesday's impressive rally. Barratt Developments was among the best in the a

Read more
6 Feb 2019 08:27

Interserve agrees debt deal, faces vote to replace board

(Sharecast News) - Interserve on Wednesday said it had agreed a debt deal with its lenders but had also received a letter from a 5% shareholder requesting a general meeting to remove the entire board, apart from chief executive Debbie White.

Read more
6 Feb 2019 08:24

TOP NEWS: Interserve Shareholder Wants Steinhoff Executive Installed (ALLISS)

LONDON (Alliance News) - Interserve PLC on Wednesday confirmed a shareholder is seeking to remove its entire board, bar the CEO, while it has also agreed a plan to issue a significant amount of of

Read more
6 Feb 2019 07:46

LONDON MARKET PRE-OPEN: Barratt Profit Up; Interserve Gets Debt Deal

LONDON (Alliance News) - Stock prices in London on Wednesday are set to pull back from Tuesday's rally, while the pound remained below the USD1.30 mark after disappointing UK data released in

Read more
4 Feb 2019 06:55

PRESS: Interserve To Swap GBP300 Million Of Debt For New Shares - Sky (ALLISS)

LONDON (Alliance News) - Interserve PLC is closing in on a rescue deal to swap almost a half of its debt for shares in the company, Sky News reported late Sunday.The news website said the

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.